Hydraulic Fracturing or otherwise known as "Fracking" is a technique used in the mining and crude oil business to acquire oil and natural gas in places where traditional mining methods would be ineffective or costly. A Fracking well would be a well in which fluids are shot into shale rock at high speeds in order to create cracks in the shale and the resulting natural gas or oil is sucked up through a hose to the surface. This method is arguably more effective and less costly than traditional drilling methods, capable of supplying 20+ years of oil and natural gas in just under 6 days with little by-products. Fracking fluid is made up of mostly water with some sand and relatively uncostly. The main appeal if fracking compared to traditional methods is the fact of how clean the entire fracking process is, rather than using explosives or pneumatics, fracking uses easily available ingredients such as water, sand and various low cost chemicals to prohibit microbes and bacteria growth. This small eco-footprint results in a reusable site with little harm to the local delicate ecosystem.
Fracking has, since it’s beginnings, has been providing much needed jobs for fracking well operators, boosting local economy through paying for fracking property and best of all providing a massive amount of return on the entire well through its investment/payback ratio, providing so much more oil income compared to it’s initial startup cost making this an affordable source of oil and natural gas production. Fracking is also much more affordable than conventional drilling due to the fact that when drilling there is a large drillable area that can be used because of fracking requiring only shale and a source of water to harvest oil from it, whereas, conventional drillers need to find specific spots such as oil “pockets” to drill or no oil is gained. These facts making fracking an affordable process to invest in.
Another draw to frackings benefits is the fact that fracking...